TDS
This query is : Open
21 June 2017
is it required to make tds on bill amounted to Rs 35000/-, where material is Rs 32000/- and labour Rs 3000/- bill of electrical material and maintainable.
21 June 2017
Is payment made for contract or what ??????
22 June 2017
yes it is contract
22 June 2017
You have to deduct TDS u/s 194C as your payment is more than Rs.30000/- in single transaction.
22 June 2017
but labour only rs 3000☺
22 June 2017
is tds applicable on software purchase amounted to Rs 54000/- with single purchase invoice, where vat separately shown on purchase invoice.
22 June 2017
No matter how much is amount of labour if total payment for contract exceeds Rs.30000 then you have to deduct TDS
22 June 2017
No prov of deducting TDS on purchase of software.
22 June 2017
As Vat is shown separately in Invoice no TDS,
22 June 2017
but mam software purchase is a professional and technical services
22 June 2017
Software purchase is not a technical service
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